Tetra Energies has assets in Peru and the United Kingdom
Tetra Energies holds through subsidiaries a 30% interest in the Block 8 service contract situated in the Peruvian Marañón Amazon basin. The fields have been restarted by Upland Oil and Gas, production has reached 3,200 barrels of oil per a day. Further work is underway to bring this to over 6,000 barrels of oil per a day.
Tetra Energies holds through subsidiaries a 30% interest in Block XXIII situated in the Peruvian onshore Tumbes basin. Two additional appraisal wells have been drilled on the original Piedra Candela discovery. Flow testing continues to determine the capacity of the field to produce gas. Ultimately the field is intended to sell natural gas into the local compressed gas markets.
Tetra Energies holds a 5% stake in the Avington oil and gas field located in the United Kingdom, Onshore Wessex basin, operated by Star Energy. The field is currently shut-in.
Tetra Energies holds a 25% equity in the PEDL070 exploration licence located in the United Kingdom, Onshore Wessex basin, operated by Egdon Resources.